Retail Business for Sale in El Paso, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: El Paso, TX 79912

Description

Marcus & Millichap is pleased to present for sale Quick Quack Car Wash in El Paso, Texas. Quick Quack Car Wash is a growing chain of exterior-only express car washes. The company launched in 2004 in Sacramento, California. Today, Quick Quack Car Wash is headquartered in Roseville, California and operates over 270 locations in California, Texas, Colorado, Arizona, and Utah, making it the fourth-largest car wash chain in the United States. El Paso, the county seat of El Paso County, is the second-largest city in the Southwest United States. The city of El Paso is home to the largest metro area that runs along the Texas-Mexico border and is a top 20 percent U.S. performing economy. As one of the most expansive manufacturing centers in North America and home to the greatest bilingual and bi-cultural workforce of the Western Hemisphere, El Paso is a recognized global economic competitor. Investment Highlights: • 15-Year Absolute Triple-Net (NNN) Ground Lease • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options • Corporate Guaranty by Quick Quack Car Wash - Driven Brands (NASDAQ: DRVN), the Largest Automotive Services Company in North America, Also Guarantees the Lease Until September 2027 • 166,630 Residents within a Five-Mile Radius - Growing El Paso Trade Area • High-Quality 2023 Construction • Located at a High Traffic Intersection with Over 57,000 Cars per Day at the Corner of Sunland Park Drive/Shadow Mountain Drive and North Mesa Street • Surrounded by National Tenants: Burlington, Harbor Freight Tools, Starbucks, Taco Bell, Goodwill, and More • Average Household Income Exceeds $98,000 within a Three Mile Radius

Market Context

This retail in El Paso, TX is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 38 days. Compare it against other retail listings for sale in El Paso, TX — <a href="/search/sale/retail/texas/el-paso">view the full market</a>.

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